Measurements and theories of intra-industry specialization in international trade have been developed over the last 35 years or so, yet some important features of the phenomenon still remain unexplored. Strangely enough they resemble those which baffle astronomers studing our universe: When did...

This paper discusses the trade flow effects outside the EEC following the creation of the latter. First, it focuses on the external effects of European integration on US trade specifically, and continue after that, more in general, with the induces integration effects on the trade among excluded...